The shares of O'Reilly Automotive, Inc (NASDAQ: ORLY) continue to attract interest from major firms like JPMorgan Chase & Co, ProShare Advisors LLC and BNP Paribas Asset Management among others, who have increased their holdings, while others like TimesSquare Capital Management and Callan Capital have reduced their positions. O'Reilly's stock performance has frequently outperformed the market despite short term fluctuations. A potential expansion into Mexico and Canada signifies prospective growth. However, various warnings signs persist, including revenue shortfalls and a disappointing FY24 profit guidance. Their Q1 2024 EPS missed estimates, although their five-year earnings growth somehow trails impressive shareholder returns. Despite setbacks, O'Reilly experienced four consecutive quarters of profit growth and a strong CAGR of 22% over the last five years. With a one-year return of 3.2%, the stock remains attractive to institutional owners. O'Reilly recently announced plans for second-quarter 2024 earnings release and conference call.
O'reilly Automotive ORLY News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 18:41:01 GMT - Rating 0 - Innovation 2 - Information 6 - Rumor -2
